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MSC Takes Delivery of Its First 24,000 TEU Ultra Large Containership

Mediterranean Shipping Company (MSC) has taken delivery in China of the first of its new class of ultra large container vessels. The MSC Tessa...

Navios Holdings posts Net Income of $87.3 million in 2022

Navios Maritime Holdings Inc. reported its financial results for the fourth quarter and year ended December 31, 2022. Navios Holdings owns (i) a controlling equity...

Castor reports strong 2022 results

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months and year ended December 31, 2022. Highlights of the Fourth...

Clarkson PLC Reports Record Profits

Clarkson PLC announced preliminary results for the 12 months ended 31 December 2022. Summary · Record underlying profit before taxation* of £100.9m (2021: £69.4m), an increase...

d’Amico Posts Record 2022 Results

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

GoodBulk announces profitable quarter

GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announces its financial results for the fourth quarter of 2022. Highlights For the year ended...

Baltic index climbs to 11-week high, led by capesizes

The Baltic Exchange’s main sea freight index rose to an 11-week high on Thursday as rates across larger vessel segments extended gains, led by...

Seadrill announces West Neptune extension

Seadrill announced that the West Neptune has executed approximately six months of term extensions with LLOG Exploration Offshore, L.L.C (LLOG) in the US Gulf...

Panama Canal Sees Falling Cargo Volumes Ahead

The amount of cargo passing through the Panama Canal is expected to shrink this fiscal year, the canal’s top authority said on Wednesday, with...

Performance Shipping Acquires Newbuild LNG Ready Tier III LR2 Product/Crude Oil Tanker With Scrubber

Performance Shipping has signed, through a separate wholly-owned subsidiary, a shipbuilding contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding Company Limited...

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Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...